Courtesy of Keller Williams Russell Realty & Auction, Brent Perryman , brent_perryman@att.net

302 Water St, Petersburg, Tennessee, 37144

Investor Special – Cash Buyers Take Notice! Unlock the potential of this fixer-upper situated on a desirable corner lot in Petersburg. This spacious home is full of character and timeless charm, featuring two beautiful original fireplaces, a classic farmhouse design, a welcoming covered front porch, and a durable metal roof. Major improvements have already been completed, including updated electrical and plumbing, providing a solid foundation for your renovation. While the home needs cosmetic updates and repairs, it offers an outstanding opportunity to restore its historic charm and build instant equity. Whether you're looking for your next flip, rental property, or renovation project, this home has the potential to become a true showpiece. Conveniently located in a quiet small-town setting with easy access to Lewisburg and Fayetteville. The property is located in a designated flood zone, which is common for this area. Property is being sold As-Is. Cash or conventional financing preferred.

Active

$75,000

Single Family / Detached

3 bds

1 ba

1,771 Sqft

0.37 Acre

MLS

3282482

2 Stories

Built in 1900

0

458 ()

Disclaimer: The information contained in this listing has not been verified by Keller Williams Russell Realty & Auction and should be verified by the buyer.

Information provided by Realtracs

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ADDRESS & DIRECTIONS

  • Street Address: 302 Water St
  • City: Petersburg
  • State: Tennessee
  • County: Lincoln
  • Subdivision: 0
  • Directions:
    From Lewisburg. Take US-431 South toward Petersburg. For approximately 13 miles to Petersburg. Turn left onto Spring Street. Turn right onto Water Street.302 Water Street will be on your left. Approx. 20 min

PROPERTY FEATURES

Amenities

  • Fireplace

General Information

  • Above Grade Finished Area : 1771Square Feet

Interior Features

  • Fireplace in Property:
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces Total : 2
  • Levels : Two
  • Appliances : Electric Range

Construction Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: None

Utility Information

  • Water Source : Private
  • Sewer Source : Public Sewer

Other Features

  • Year Built Details : Approximate

SCHOOLS NEAR 302 Water St

  • Courtesy of Keller Williams Russell Realty & Auction, Brent Perryman
  • Property last updated on Realtracs : 7/16/2026 3:00:13 AM